Business

Russia’s recent drone attack on energy infrastructure in the Odesa region has not only left millions of Ukrainians without electricity but also destroyed important power equipment. The relevant statement was made by Ukrainian Energy Minister German Galushchenko at a meeting…

The International Finance Corporation (IFC) will assist Ukraine with restoration and the attraction of infrastructure investments. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram, an Ukrinform correspondent reports. “Today the relevant memorandum has been signed…

The Organisation for Economic Co-eration and Develment (OECD) launches the process of ening a regional office in Ukraine. “An agreement was just concluded in Paris which officially underpins the launch of the so-called OECD Kyiv Liaison Office. Since Ukraine is…

As of December 12, the energy system still has a capacity deficit: due to the destruction caused by the Russians, it is currently impossible to use thermal generation at full force. This was reported by NEC Ukrenergo via Telegram, according…

The National Bank of Ukraine (NBU) sd $583.44 million and bought $2.6 million on the interbank foreign exchange market over the past week. According to data provided on the central bank’s website, flowing foreign exchange interventions, between December 5 and…

As of the evening of December 11, Ukrainian emergency teams have restored most of the generating capacities in the country's power system. Vodymyr Kudrytskyi, Chairman of the Board of NEC Ukrenergo, said this in a comment to Suspilne, Ukrinform reports.…

All Ukrainian thermal and hydroelectric power plants have been damaged as a result of eight waves of Russian missile attacks on Ukraine. In addition, 40% of the high-vtage network facilities are damaged to varying degrees. "Ukraine's energy system sees a…

President of Ukraine Vodymyr Zelensky discussed the possible expansion of the grain corridor with President of Türke Recep Tayyip Erdoğan. “Continued dialogue with Türke's President Recep Tayyip Erdoğan. Thanked for sheltering Ukrainian children & providing hundreds of generators for our…

Electricity supply has been restored to almost 90

The Council of the Eurean Union has endorsed a decision to provide an aid package worth EUR 18 billion to Ukraine despite Hungary’s veto. The relevant statement was made by Head of the Office of the President of Ukraine Andr…